£136,432
This estimated value is based upon the latest sale price for the house of £118,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 11 Dec 2020 |
| £100,000 | 17 Nov 2006 |
| £82,950 | 28 Jan 2004 |
| £36,950 | 11 Apr 1997 |
| £22,000 | 10 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 sq feet |
This model uses changes in the Official Land Registry House Price Index for STAFFORDSHIRE to estimate the market value.
When this house was purchased in December 2020 the House Price Index for STAFFORDSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £118,000 results in an estimated price of approximately £136,432.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £118,000 | £18,432 | £136,432 |
The Postcode Pricing Model uses changes in average sales price within the ST5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -12.232 % | £-14,434 | £103,565 |
| 3 Month Average | -1.450 % | £-1,711 | £116,288 |
| 6 Month Average | 3.742 % | £4,415 | £122,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £129,489 | £127,500 | 48 DIMSDALE PARADE EAST |
| 8 Dec 2023 | £170,231 | £165,000 | 45 KINGS AVENUE |
| 1 Dec 2023 | £48,490 | £47,000 | APARTMENT 3 SOUTH VIEW, 7 SOUTH TERRACE |
| 10 Nov 2023 | £513,023 | £500,000 | 15 SOUTHLANDS AVENUE |
| 20 Oct 2023 | £219,997 | £215,000 | 31 SOUTHLANDS AVENUE |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 25 Mar 2011. Using an estimated price of £136,433 means this house is valued at £1,602 per sq meter (£148 per sq foot).
The average size of a house on SOUTH TERRACE is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmsford Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chelmsford Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West View |
| Aug 2024 | Anti-social behaviour | On or near Marsh Way | |
| Aug 2024 | Anti-social behaviour | On or near Marsh Way |